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TheWrap - Former Maker Studios CEO Buys news Site - That Covers Maker

Danny Zappin is a co-founder of Maker Studios, a YouTube based network with more than 4 billion views a month, but resigned from his position as CEO back in May and has just purchased the journalistic new media website NewMediaRockstars.com. As a pioneering force in the explosive growth of YouTube for content creators, Zappin is poised to bring a keenness and insight, as well as growth potential, into coverage of the world of New and Emerging Media.

"NewMediaRockstars has had a great editorial product from day one,” Zappin said in a statement. "The challenge the site has always faced is working capital. The plan is to broaden NMR’s business model so that it can be to new media and online video what Entertainment Weekly was to the film, TV, and book business when EW launched in the early 1990s.”